Printing Arts Chicago Sold To Investors
CICERO, IL—The assets of Printing Arts Chicago have been acquired from Printing Arts America by the investment tandem of William J. Chmura and John Ropski. Terms of the deal were not announced.
Printing Arts Chicago, which was placed in Chapter 11 last November, reported $14 million in annual sales for 2001. The company has taken up residency in a 63,000-square-foot facility.
Chmura is chairman of Printing Arts Chicago and Ropski is president and CEO. They are equal equity partners. Chmura previously owned the company before selling it to PAA in 1998, during the height of industry consolidation.